Fiera Capital (TSE:FSZ) Stock Gets Price Target Cut from RBC Dominion Securities

Fiera Capital (TSE:FSZ) had its target price lowered by RBC Dominion Securities from C$5.00 to C$4.70 in a report released on Thursday morning,BayStreet reports. The brokerage currently has a sector perform rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Desjardins decreased their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating on the stock in a research report on Monday, August 10th. Royal Bank Of Canada lowered their price objective on shares of Fiera Capital from C$6.00 to C$5.00 and set a “moderate buy” rating for the company in a research note on Monday, August 10th. National Bank Financial lowered their price objective on shares of Fiera Capital from C$5.50 to C$5.00 and set a “sector perform” rating for the company in a research note on Monday, August 10th. Finally, TD dropped their target price on shares of Fiera Capital from C$5.50 to C$5.00 and set a “hold” rating for the company in a report on Monday, August 10th. One analyst has rated the stock with a Hold rating. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$3.32.

Fiera Capital Stock Down 0.9%

Shares of Fiera Capital stock opened at C$3.32 on Thursday. The company has a debt-to-equity ratio of 350.73, a quick ratio of 1.05 and a current ratio of 1.55. Fiera Capital has a 52-week low of C$3.16 and a 52-week high of C$6.74. The company’s 50 day moving average price is C$4.27 and its 200-day moving average price is C$4.97. The stock has a market capitalization of C$351.69 million, a price-to-earnings ratio of 18.44, a P/E/G ratio of -0.87 and a beta of 1.03.

Fiera Capital (TSE:FSZ) last posted its quarterly earnings results on Friday, August 7th. The company reported C$0.21 EPS for the quarter. The company had revenue of C$155.14 million during the quarter. Fiera Capital had a net margin of 5.93% and a return on equity of 7.95%. Equities research analysts forecast that Fiera Capital will post 1.09 EPS for the current year.

About Fiera Capital

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It invests in the public equity and fixed income markets across the globe with a focus on Canada. The firm primarily invests in growth and value stocks of small-cap companies.